How to Request a Deposit (And Why You Should!)

Posted by Peter G on December 21, 2019

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Everyone has their own way of working with new clients and quoting on gigs. That's why The Bash allows vendors to customize quotes and request deposits as an optional feature. We all know that deposits benefit the vendor, however, some are concerned that asking for money up front could scare away clients. Don't be scared!

The consensus, based on member feedback, is that deposits are highly recommended. Most clients are willing to put money down to secure the date and know that the booking is official. After all, their private event is a very important moment in their life.

And of course, deposits protect the vendor (you) in the case of a cancellation. Let’s hope that doesn’t happen, but if it does it's better to have something to walk away with.

How It's Done

All deposits can be requested when you submit your quotes. When you get a lead alert, start filling out the "Rates & Deposits" section and you’ll see the “Request Deposit” option. Click that box and enter your amount, for example:

Deposit-Book-teal.png

The amount is up to you and it really depends on your event rate. We generally see 10-50% as the going rate, and round numbers like $100 and $500 are very common.

If you're enrolled in EventPay, you have the option to request the deposit to be due at the time of booking. Otherwise, you can choose one of the other options, due on a specific date or date not yet determined. Lastly, you have the option to choose whether the deposit is refundable or non-refundable.

Pro Tip: If you haven't already, we also recommend that you set up saved responses to reply faster. Go to your Leads tab, and click edit next to “Saved Responses.”

Topics: Booking Tips

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